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USDA's November supply and demand report raised the US soybean yield but cut ending stocks on strong export demand, and CBOT soybean prices rebounded. Chinese soybean imports are expected to stay high at about 9.5 million tonnes in November and 9.6 million in December, while Malaysian palm oil stocks at end-October fell to 3.62 million tonnes, below expectations.
Lower US ending stocks and a firmer CBOT complex support soybean meal, soybean oil and palm oil costs, but heavy Chinese crush and high inventories limit upside in meal and oil prices.
finance.sina.com.cnNov 15, 2026After 250 past neutral report events, Soybean Meal moved a median -0.1% over 5 sessions (49% higher; middle half -1.6% to +1.7%), and +0.4% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
